Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago,
Newbie Here, Found a property currently being rented
Since I am a newbie, I am unsure of the right questions to ask. Currently own my primary residence with a small amount equity, but that's as far as i have gotten. I have been researching properties and may have found one that is currently being rented out and being sold by the owner. Would this make getting a DSCR loan easier as a newbie, if the numbers are right of course. House was recently updated 2-3 years ago. The current rented amount seems to be about at the median rent for the area. Any help and knowledge is greatly appreciated.